Gapping up
In reaction to strong earnings/guidance: HLTH +32.1%, ARO +17.7%, (Aeropostale announces new cost reduction program; reiterates Q4 guidance for EPS of ($0.17)-(0.04) vs. ($0.12) Capital IQ Consensus Estimate), TREE +4.5%,ACST +4.5%, GM +4.4%, YUM +2.6%, ( discloses China December comps +1%), IRG +2%, (Ignite Restaurant announces Q4 prelim sales at $93.3 mln vs. $91.0 Capital IQ Consensus Est; Comparable Sales -2.9%), SYK +1.5%,PRGS +1.1%, SVU +1%, NEPT +0.8%
M&A news: CYBR +11.1% (Check Point Software (CHKP) in early-stage talks to acquire Cyber Ark, according to Haaretz), ORAN +0.9% (to acquire Airtel's subsidiaries in Burkina Faso and Sierra Leone)
Select metals/mining stocks trading higher: HMY +5.2%, X +4.9%, VALE +3.8%, RIO +3.6%, FCX +2.9%, MT+2.3%, BHP +1.8%, AA +1.5%
Select oil/gas related names showing strength: ETE +3.8%, WLL +3.5%, BP +2.1%, OAS +2%, RDS.A +0.9%,XOM +0.7%, PBR +0.6%
Other news: TTNP +33.3% (Titan Pharma and Braeburn Pharmaceuticals receive FDA recommendation for Probuphine),BIOL +10.9% (enters into a development and distribution agreement with IPG Photonics Corporation's (IPGP) medical laser division), MET +8.4% (MetLife plans to pursue the separation such as public offering, spin-off, or sale of a substantial portion of its U.S. Retail segment ), QUNR +7.5% (Ctrip.com announced it has agreed to make certain investments; investment entities will acquire a significant minority stake of Qunar Cayman Islands), ARNA +5.7% (Arena Pharm and Boehringer Ingelheim to conduct joint research to identify drug candidates targeting an undisclosed G protein-coupled receptor), NAT +5.1% (increases quarterly dividend to $0.43/share from $0.38/share), EURN +4.5% (modestly rebounding after recent decline), FEYE +4.2% (in symp with CYBR), SALT +4% (reports Scorpio Services Holding has purchased 338,436 common shares at an average price of $4.64 per share previous announcement on Oct 1, 2015), ARTX+3.6% (announced that its Training and Simulation Division has received $7.4 mln in new awards and contract modifications), AIG +3.1% (in symp with MET), SHPG +2.1% (cont strength), DKS +1.9% (The UK's Sports Direct discloses stakes in Dick's and Iconix Brand Group (ICON)), ERII +1.7% (announces $6 mln share repurchase program)
Analyst comments: LNG +3.8% (upgraded to Buy from Neutral at Citigroup), PHM +2.2% (upgraded to Overweight from Neutral at JP Morgan), MSFT +1.8% (upgraded to Overweight from Equal-Weight at Morgan Stanley), QCOM +1.5% (upgraded to Positive from Neutral at Susquehanna)
In reaction to strong earnings/guidance: HLTH +32.1%, ARO +17.7%, (Aeropostale announces new cost reduction program; reiterates Q4 guidance for EPS of ($0.17)-(0.04) vs. ($0.12) Capital IQ Consensus Estimate), TREE +4.5%,ACST +4.5%, GM +4.4%, YUM +2.6%, ( discloses China December comps +1%), IRG +2%, (Ignite Restaurant announces Q4 prelim sales at $93.3 mln vs. $91.0 Capital IQ Consensus Est; Comparable Sales -2.9%), SYK +1.5%,PRGS +1.1%, SVU +1%, NEPT +0.8%
M&A news: CYBR +11.1% (Check Point Software (CHKP) in early-stage talks to acquire Cyber Ark, according to Haaretz), ORAN +0.9% (to acquire Airtel's subsidiaries in Burkina Faso and Sierra Leone)
Select metals/mining stocks trading higher: HMY +5.2%, X +4.9%, VALE +3.8%, RIO +3.6%, FCX +2.9%, MT+2.3%, BHP +1.8%, AA +1.5%
Select oil/gas related names showing strength: ETE +3.8%, WLL +3.5%, BP +2.1%, OAS +2%, RDS.A +0.9%,XOM +0.7%, PBR +0.6%
Other news: TTNP +33.3% (Titan Pharma and Braeburn Pharmaceuticals receive FDA recommendation for Probuphine),BIOL +10.9% (enters into a development and distribution agreement with IPG Photonics Corporation's (IPGP) medical laser division), MET +8.4% (MetLife plans to pursue the separation such as public offering, spin-off, or sale of a substantial portion of its U.S. Retail segment ), QUNR +7.5% (Ctrip.com announced it has agreed to make certain investments; investment entities will acquire a significant minority stake of Qunar Cayman Islands), ARNA +5.7% (Arena Pharm and Boehringer Ingelheim to conduct joint research to identify drug candidates targeting an undisclosed G protein-coupled receptor), NAT +5.1% (increases quarterly dividend to $0.43/share from $0.38/share), EURN +4.5% (modestly rebounding after recent decline), FEYE +4.2% (in symp with CYBR), SALT +4% (reports Scorpio Services Holding has purchased 338,436 common shares at an average price of $4.64 per share previous announcement on Oct 1, 2015), ARTX+3.6% (announced that its Training and Simulation Division has received $7.4 mln in new awards and contract modifications), AIG +3.1% (in symp with MET), SHPG +2.1% (cont strength), DKS +1.9% (The UK's Sports Direct discloses stakes in Dick's and Iconix Brand Group (ICON)), ERII +1.7% (announces $6 mln share repurchase program)
Analyst comments: LNG +3.8% (upgraded to Buy from Neutral at Citigroup), PHM +2.2% (upgraded to Overweight from Neutral at JP Morgan), MSFT +1.8% (upgraded to Overweight from Equal-Weight at Morgan Stanley), QCOM +1.5% (upgraded to Positive from Neutral at Susquehanna)